logo
Changing Regulatory Perceptions: Towards Strategy & Collaboration

Changing Regulatory Perceptions: Towards Strategy & Collaboration

Finextra2 days ago

Joining the FinextraTV studio at EBAday 2025, Liliana Fratini Passi, Managing Director, CBI shared her insights surrounding a key conversation at the event: regulatory compliance. Fratini Passi shared a belief that the perception of regulation is moving toward one of a strategic driver as opposed to an obstacle or inconvenience. Touching on Instant Payments in particular, Fratini Passi said that the approaches have drastically changed in recent times but that, in her opinion, the most successful ones tend to be those a collaborative nature.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Payabl. integrates Prestashop into e-commerce platforms, enabling seamless payments for merchants
Payabl. integrates Prestashop into e-commerce platforms, enabling seamless payments for merchants

Finextra

time41 minutes ago

  • Finextra

Payabl. integrates Prestashop into e-commerce platforms, enabling seamless payments for merchants

European fintech provider payabl. has announced the launch of a new integration with PrestaShop, one of Europe's leading open-source e-commerce platforms. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The newly available plug-in allows PrestaShop users to connect to payabl.'s end-to-end payment infrastructure, giving online merchants access to over 300 local payment methods, card acquiring, multi-currency support, fraud prevention, and real-time reporting – all through a seamless checkout experience. Through this integration, PrestaShop's 250,000 merchants will now have the option to easily connect to payabl.'s technology and offer customers a seamless, secure, and scalable checkout experience. The plug-in enables merchants to accept card payments and 300+ local payment methods, supporting multi-currency transactions, built-in fraud prevention, and real-time reporting. While e-commerce sales in Europe are expected to surpass €565 billion by 2029*, payabl.'s research has shown 43% of consumers say that they would not return to a retailer after a poor checkout experience**, making the payment experience central to maximising this growth opportunity. This integration means PrestaShop's merchants can feel confident they are offering their customers an improved checkout experience with less friction, as well as faster and safer transactions. Today's announcement reflects payabl.'s commitment to simplifying payment processes for merchants and making secure, scalable solutions accessible across Europe. By launching this integration, payabl. aims to offer PrestaShop merchants an enhanced checkout experience while expanding its presence across one of the largest e-commerce ecosystems in the region. Ugne Buraciene, Group CEO of payabl., said: 'E-commerce continues to grow at pace across Europe, and making payabl.'s technology available to PrestaShop merchants is a natural step in our mission to support businesses with robust, scalable payment solutions. 'Today's consumers expect checkout experiences that are simple, fast, and secure — and our integration is designed to help merchants deliver exactly that. With payabl., businesses using PrestaShop can focus on growth while relying on a frictionless, secure payment infrastructure that keeps up with evolving customer demands.' European e-commerce expansion Reversing the immediate post-pandemic trend of in-store buying, e-commerce sales are now predicted to grow 7.8%. According to Forrester, this will increase by 16% from €389 billion in 2024 to €565 billion in 2029, with contributing factors including a stronger economy, the increasing adoption of omnichannel strategies, better price transparency, and cross-border marketplace expansion. In response to this accelerating demand, payabl. has made its advanced payment technology available to online merchants using the PrestaShop platform. The integration supports the growing need for secure, efficient, and scalable payment solutions across Europe and beyond. payabl. is a leading financial technology provider, delivering end-to-end payment solutions across card acquiring, local payment methods, point-of-sale (POS) terminals, multi-currency business accounts, and card issuing. Its gateway enables merchants to accept card payments and over 300 local methods globally, with seamless integration, real-time reporting, and dedicated support. Combining advanced payment technology with built-in fraud prevention and a high-touch service model, payabl. empowers businesses to grow faster with secure, scalable, and innovative payments.

Pirelli boss says issues with China's Sinochem will be fixed
Pirelli boss says issues with China's Sinochem will be fixed

Reuters

time42 minutes ago

  • Reuters

Pirelli boss says issues with China's Sinochem will be fixed

MILAN, June 20 (Reuters) - Pirelli ( opens new tab chief Marco Tronchetti Provera said on Friday the tensions at the tyremaker involving China's state-controlled Sinochem ( opens new tab, its main shareholder, are on the way to being resolved. Sinochem, which owns a 37% stake, has crossed swords with the company and its second largest shareholder Camfin, which claim that a large Chinese presence in Pirelli poses a threat to its ambitions to expand its business in the United States. Tronchetti Provera, Pirelli's executive vice chairman, controller of Camfin and de facto top boss, said at a conference in Milan that the company was on the right track towards a positive outcome.

Taxpayers hand over £8bn more as Reeves's raids kick in
Taxpayers hand over £8bn more as Reeves's raids kick in

Telegraph

timean hour ago

  • Telegraph

Taxpayers hand over £8bn more as Reeves's raids kick in

Taxpayers have forked out an extra £8.6bn in just two months as Rachel Reeves' Budget starts to bite, new figures show. Data from HM Revenue and Customs (HMRC) shows that tax receipts hit £142.8bn for April and May, a rise of more than 6pc compared to the same period last year. Almost £3 in every additional £4 raised came from income tax and National Insurance, alongside increased revenue from capital gains and inheritance tax. Tax expert Rachel Griffin called the increase 'another chapter in the Government's stealth tax strategy', while retirement specialist Stephen Lowe said Labour's 'tax train showed absolutely no signs of running out of steam'. In her maiden Budget in October, the Chancellor raised employers' National Insurance contributions from 13.8pc to 15pc and reduced the salary at which they become due from £9,100 to £5,000. She also retained the Conservatives' plans to freeze income tax thresholds. The moves came despite Labour's manifesto promise not to raise taxes on working people. As a result of the changes, HMRC received an extra £6.1bn in revenue for the two measures over April and May compared to last year, with £3.6bn in additional income tax and another £2.5bn in National Insurance contributions. Ms Griffin, of Quilter, said: 'HMRC's latest figures for May 2025 mark another chapter in the Government's stealth-tax strategy. Despite no new headline tax rises, receipts continue to climb thanks to frozen thresholds and slashed allowances. 'With income tax thresholds still frozen, many workers are paying a larger share of their earnings in tax simply due to modest pay rises, even when those increases fail to match inflation. 'This month's figures also capture the first full month's impact of the April changes to employer National Insurance contributions. While the policy may help shore up the public finances, it could also influence hiring decisions and wage growth in the months ahead.' There was also a £97m increase in inheritance tax receipts. The amount is expected to increase quickly next year after the Chancellor's decision to halve agricultural and business property relief after the first £1m of assets. From April 2027, pensions will also be considered for inheritance tax. Mr Lowe, of Just Group, said: 'The Treasury's inheritance tax revenues continue to surge with this tax train showing absolutely no signs of running out of steam through the first couple of months in this financial year. 'The reforms announced at the autumn Budget, which included further extending the threshold freeze and tightening the exemptions for pension wealth, will likely tip more estates into paying the tax and further boost the Chancellor's coffers.' There was also an increase of £106m in capital gains receipts, which have continued to rise following changes implemented in October last year. The Chancellor increased the lower rate from 10pc to 18pc and the higher rate from 20pc to 24pc for shares and other non-property assets. Richard Bate, of law firm Weightmans, said: 'With inheritance tax thresholds frozen and key reliefs due to be curtailed from 2026, families and business owners are acting early – restructuring their estates while current capital gains tax rates and allowances remain in place. 'But in doing so, many are facing an unwelcome double tax hit – capital gains tax now, followed by potential inheritance tax later if planning isn't carefully managed.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store